The industry report “Floating
Solar Panels Market Size, By Product (Tracking, Stationary), By Capacity (0.1-1 MW, 1-5
MW, ≥ 5 MW), By Connectivity (On Grid, Off Grid), Industry Analysis Report,
Regional Outlook (U.S., UK, Italy, Netherlands, Japan, South Korea, China,
India, Taiwan, Malaysia, Singapore, Australia, Brazil, Israel), Growth
Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2024”,
by Global Market Insights, Inc. says Floating Solar Panels Market size is set
to exceed 2.5 GW by 2024.
On
grid floating solar panels market volume could witness a significant growth of
over 45% from 2016 to 2024. Development of large utility scale projects coupled
with numerous financial incentives and tax benefits offered by the regulators
will influence the global business size.
Measurers
to reduce greenhouse gas emissions have seen a sincere effort from policy
makers towards the adoption of sustainable energy. Government of China under
its 13th five-year plan has set up a target to reduce the existing GHG emission
level to 18% by 2020. Regulators of UK has also established numerous frameworks
under the country’s climate change act 2008. The country is targeting to curb
the GHG emission level to 80% by 2050 from 1990 level.
Availability
of limited land space for the deployment of new PV systems will significantly
drive the floating solar panels market share across the globe. Numerous
countries have allowed the reservoir owner to collect rent and business tax
from the plant operators. Feed in tariff schemes by several other countries
will further enhance the industry landscape.
Tracking floating solar panels market size is
predicted to exceed USD 250 million by 2024. Technological advancement coupled
with declining solar component cost will positively influence the business
growth.
Browse
key industry insights spread across 145 pages with 244 market data tables &
11 figures & charts from this 2017 report Floating Solar Panels Market in detail along with the table of
contents:
U.S.
floating solar panels market volume share is predicted to grow over 67 % by
2024. Federal government initiatives to encourage the deployment of clean
energy technologies will further complement the industry outlook.
For
Europe, UK floating solar panels market share was valued over 1.12 MW in 2015.
Synchronization of Queen Elizabeth II project over Walton-on-Thames has
significantly driven the industry growth across the region.
China
is predicted to reach over USD 140 million by 2024. Increasing investments
towards the deployment of large scale PV projects will enhance the country’s
business landscape. Japan floating solar panels market is anticipated to exceed
over 400 MW by 2024.
Accessibility
with limited resources will significant drive the demand across the country. In
2016 Kyocera Corp of Japan had successfully synchronized the world’s largest
floatovoltaics power plant having capacity of 14.5 MW
Brazil
floating solar panels market share is set to witness momentous growth of over
34% from 2016 to 2024. Government of Brazil is making significant investments
to fully utilize the country’s vast river beds which in turn will drive the
industry size. In 2016 Brazil, has completed the grid synchronization of the
region’s largest floatavoltaic plant of capacity 10 MW.
Key
industry player includes SPI Energy, Solaris Synergy, KYOCERA CORPORATION, Novaton
AG, Ciel & Terre International, Pristine Sun, Yingli Solar, Vikram Solar
and Sunengy.
About Global Market
Insights
Global Market Insights, Inc., headquartered in
Delaware, U.S., is a global market research and consulting service provider;
offering syndicated and custom research reports along with growth consulting
services. Our business intelligence and industry research reports offer clients
with penetrative insights and actionable market data specially designed and
presented to aid strategic decision making. These exhaustive reports are
designed via a proprietary research methodology and are available for key
industries such as chemicals, advanced materials, technology, renewable energy
and biotechnology.
Contact
Us:
Arun Hegde
Corporate Sales, USA
Global Market
Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
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